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Ind. Code § 4-36-5-6

Minimum payouts

As added by P.L.95-2008, SEC.13

Sec. 6. (a) A type II gambling game in which tickets are sold for at least one dollar ($1) but not more than five dollars ($5) must pay out at least seventy-five percent (75%) and not more than one hundred percent (100%) of the amount wagered.

(b) This subsection applies only to a type II gambling game ticket that is sold for less than one dollar ($1). A type II gambling game subject to this subsection must comply with the following minimum payout percentages:

Purchase Price

Minimum Payout Percentage

$0.10

60%

$0.25

65%

Three (3) tickets for one dollar ($1)

65%

$0.50

70%

(c) A type II gambling game's payout percentage must be stated on the ticket or on the accompanying flare.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.